Agoracom Blog

FEATURE: Video Advertising Is The Future: Good Life Networks $ With $1.3M in Q1 Revenue

Posted by AGORACOM-JC at 11:57 AM on Wednesday, June 6th, 2018


GLN harnesses the power of artificial intelligence to improve marketing return on investments for advertisers using its patent pending video advertising technology. By 2020, MAGNA, the research arm of media buying firm IPG Mediabrands, expects digital ads to make up 50 percent of all ad spending, expected to reach $237 billion this year.

Q1 Financial Highlights

  • Revenue increased 2072% to $1,322,139 in the First Quarter of 2018
  • Gross profit increased to $448,270 from $1,971 during the First Quarter ended March 31st, 2017;
  • Gross margin as a percentage of revenue were 34% compared to 3% during the First Quarter of 2017, representing a 1,133 % increase.

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FULL DISCLOSURE: Good Life Networks is an advertising client of AGORA Internet Relations Corp.

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